On Tuesday, the Federal Tax Authority (FTA) has launched a VAT Calculator in UAE that can be used to instantly calculate the estimated Value Added Tax for all the goods and services being availed by any consumer. This step has been taken to make the VAT system more transparent in the country.
Process To Use VAT Calculator UAE
- Go to the FTA Official website.
- Scroll to the ‘Getting Help’ tab, where one can find the box to enter the amount without VAT.
- Enter the amount excluding VAT in this box.
- Now calculator will display the tax amount and the price including VAT.